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Messages - madbyte

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Madbyte Update - September 2023

Our MADX token, a digital asset present across various blockchain networks, primarily finds its use in a couple of simple games. These games offer rewards in alternative cryptocurrencies like Litecoin (LTC),  Bitcoin, and our own MADX token.

For instance, during the last week of August, on the Madcapx platform, we distributed small amounts of LTC as rewards. To obtain LTC, you needed MADX tokens to break barriers or engage opponents; without MADX in your rewards account, accessing LTC rewards was impossible. Each month's end sees these rewards transferred to your MadVault, prompting you to begin collecting MADX tokens again to participate in the occasional battles to get at that LTC reward.

In September, stay alert for more Litecoin drops within the Token Field on Madcapx, or get some Litecoin rewarded for being the most violent within MadxField.

All the best,
Madbyte Team

2
Madbyte Update - August 2023

We’re excited to announce that our Madbyte token MADX is now available on the Polygon Network (also known as Matic). Polygon is a popular blockchain for a vast amount of tokens due to its cheap and fast transactions, making it a great fit for our token too.

The first Polygon liquidity pool for MADX is on Sushi Swap with only a small amount of MADX paired with USDT. Some of the Madbyte team members will add more liquidity to this pool in the coming days.

The new Madbyte [MADX] contract address on Polygon Network is: 0x298CF3d0b661968DaFd318Ad811FFCa82Cf03b9f

You can find more information about our tokens values and other networks that our token can be found on DEXTools. Search for Madbyte to see other networks that our token can be found on. For example, the latest liquidity pool can be found here:
https://www.dextools.io/app/en/polygon/pair-explorer/0x9794077ee64196a2f1f73e99b49942e00169aa4d

All the best, Madbyte Team

3
Hello Madbyte readers,

AI gaming is becoming more advanced and sophisticated every day. AI not only powers the graphics, physics, and gameplay of many games, but also creates new possibilities for content generation, personalization, and monetization.

For example, FRVR Forge is a new AI-powered tool that simplifies and automates game development. With FRVR Forge, you can create games by writing natural language descriptions and let the AI generate the code and assets for you. You can also modify and customize the generated games using a graphical interface.

FRVR Forge is developed by FRVR, a game studio specializing in casual games for web and mobile platforms. They promise to be the ultimate game developer's toolkit that can revolutionize the game industry.

We believe this is a fascinating example of how AI can enable anyone to become a game creator without needing any coding or design skills. Imagine the possibilities and opportunities this could open up for aspiring game developers, crypto enthusiasts, and crypto/game developers.

In the future, will you be able to create your own game on the fly that includes your own or favorite crypto? Will your friends be able to expand the game with their own input to layers that AI creates on the fly?

Until next time,
The Madbyte Team

4
Madbyte Update - June 2023

Before its token swap in 2019, Madbyte coin was a cryptocurrency that used the same protocol as Litecoin.

Litecoin (LTC) is similar to Bitcoin but with faster transactions and lower fees. It also has a halving event every four years, which cuts the amount of new coins created by 50%. The next halving date is expected to happen on August 6, 2023, when the block reward will drop from 12.5 to 6.25 LTC. Historically, the Litecoin halving has boosted the price of LTC, as it reduces the supply and increases the demand for the coin. For instance, in 2015, the first Litecoin halving took place and the price of LTC rose by about 400% in the months before it. In 2019, the second Litecoin halving occurred and the price of LTC climbed by about 500% in the months before it. However, the price also tends to drop after the halving, as some miners may sell their coins to cover their costs or leave the market due to lower profitability. Therefore, the Litecoin halving is a crucial event for investors and traders to monitor, as it may create opportunities for profit or loss depending on the market conditions and expectations.

All the best,
Madbyte Team

5
Madbyte Update - May 2023

MADX token is a digital token that can be found on several blockchains, including Binance Smart Chain (BSC) and Fantom network. To use MADX tokens on Fantom, you need a wallet that supports FTM and Fantom-based tokens. Some examples of compatible wallets are:

- Fantom Wallet: The official wallet of Fantom that allows you to store, send, receive, and stake FTM and other tokens on the Fantom network.
- MetaMask: A popular browser extension and mobile app that supports multiple blockchains, including Fantom. You need to add Fantom as a custom network and import the MADX token into the wallet.
- Trust Wallet: A multi-coin wallet that supports Fantom and other blockchains. You can also use Trust Wallet to access dApps and DEXs on Fantom.

Once you have chosen your wallet of preference, you will need to add or import the MADX token by searching for it by using Madbyte’s contract address: 0x9bf58B083EC184139B8e34049937d6B38D7AfD80

To get MADX tokens on Fantom, you can buy MADX on decentralized exchanges like SpookySwap, Sushi or SpiritSwap. You can also bridge MADX tokens from other networks, such as BSC, using Madcapx and move them to the Fantom network with no fees.

All the best,
Madbyte Team

6
Madbyte Update - April 1, 2023

MadxField.com, hosts the crypto game where you collect Madbyte tokens [MADX] to add turns, build walls and take out your opponents. We're excited to announce that we will be giving away 1 Litecoin and over 10000 Madbyte tokens to the winner of the game in April!

MADX is a token that can be found on several blockchains, including Binance Smart Chain (BSC) and Fantom network. This allows for more accessibility and flexibility for users who want to trade and collect MADX tokens.

To get an advantage over your opponents, we recommend getting a batch of MADX tokens on exchanges like SpookySwap (as a Fantom Token) or PancakeSwap (as a BSC Token). Though only MADX from the Fantom network is accepted in the game, both tokens can be deposited at Madcapx.com and moved from there to the game with no network or bridge fees.

Remember, the more tokens you have, the better your chances of winning. So what are you waiting for? Head over to MadxField.com and start collecting today!

Thank you for being a part of our community. Good luck and have fun!

Madbyte Team

7
Madbyte Update - March 1, 2023

Madbyte is keeping a close eye on the rapidly evolving crypto space and the various developments that are taking place. We are particularly interested in learning from and potentially attaching ourselves to some of these developments.

A couple of areas that have caught our attention are the current developments in Ordinals on Bitcoin and Unity adding Web3.

We have noticed that NFT creators from Ethereum are starting to release on the Bitcoin blockchain using the ordinals protocol. Although this isn't directly relevant to Madbyte, we will be keeping a watchful eye on this area to see if there are any opportunities for us.

However, we are particularly excited about the Unity game engine adding a "decentralization" category to its online storefront. This means that Unity developers will now be able to connect their games built with Unity to wallets such as Metamask, which is a huge advantage for crypto game developers. We can't wait to see how this develops in the future.

All the best,
Madbyte Team

8
Madbyte Update - February 1, 2023

Madbyte is excited to announce its focus for this year, centered around browser games and the revamping of Madx token staking. Madxfield is a browser game that provides users with an opportunity to collect tokens, engage in battles with other players, and earn rewards. The game is set to receive upgrades this year, with an aim to enhance its playability and make it even more fun and entertaining.

MadCapX is another platform that Madbyte is dedicated to improving some of its core features. The website currently allows users to stake their tokens and earn rewards once a month. However, the team has recognized that there is room for improvement and will be conducting research on a new staking feature that enables users to hold their own tokens and receive a yield at the same time. This will provide Madbyte users with a more flexible and profitable staking experience.

Madbyte is dedicated to providing the best experience for its users, and to focusing on future online gaming that involves Bitcoin and tokens. The team is excited to see how these improvements will impact the Madbyte community and looks forward to a successful 2023.

All the best,
Madbyte Team

9
Madbyte Update - January 1, 2023

As we start the new year, we reflect on the events of 2022 and look forward to what 2023 has in store. It's been a tumultuous year in the crypto market with many changes and challenges, but we hope that this year will bring more stability and success.

In 2022, we set several goals for the MADX token, including the launch of a game that utilizes the token, the release of the token on additional blockchains, and its availability on swap exchanges.

We're pleased to report that we made significant progress towards these goals. In February, we released Madxfield.com as a beta test for using the token in a game. In March, the Madbyte token was launched on the Fantom and Spookyswap blockchains. And in September, we expanded the token's availability with launches on Binance Smart Chain (BSC) and Pancakeswap.

As we enter 2023, we have new goals and aspirations for Madbyte and the MADX token. We hope to continue building and improving upon our progress from the previous year.

On behalf of the Madbyte team, we wish you a happy and prosperous new year.

10
Coin Home / Re: [ANN] [MADX] MADBYTE - Invested Crypto
« on: December 01, 2022, 02:26:50 PM »
Madbyte Update - December 1, 2022

Another year is almost over. It was early 2017 when we started on this altcoin journey to replicate Litecoin’s code with a few minor changes to create the Madbyte crypto coin. That’s almost 6 years of Madbyte playing in the crypto space. Even with the ups and downs in the space, we continue to be committed to the project.

Bitcoin dipped below $15,500 in November from the highs of $69,000 seen in November 2021. Some over-leveraged projects, backed by venture capitalists, have seen their crypto assets completely collapse in this downturn.

The MADX token value has also dipped, especially in this past month. You can find MADX on Pancakeswap, Spookyswap and Madtrade. The dip gave a good opportunity to grab cheap tokens. Same as with other tokens and BTC, the time might be good to start looking for those opportunities.

Nathan Rothschild, said that "the time to buy is when there's blood in the streets." So is there enough blood in the streets yet?

All the best,
Madbyte Team

11
Coin Home / Re: [ANN] [MADX] MADBYTE - Invested Crypto
« on: November 01, 2022, 03:32:21 PM »
Madbyte Update - November 1, 2022

Today we focus on our token and how you can get some for yourself. The MADX token is found on 4 different blockchains, Ethereum, Binance Smart Chain (BSC), Fantom and Waves. We will highlight the BSC and Fantom networks in this update.

First you need a wallet that supports BSC or Fantom. Metamask wallet works well as a browser extension that supports many networks. There are several different wallets you can use such as the Trust wallet on your smartphone and the “Wallet Connect” feature in decentralized exchanges (DEX).

The wallet will need some BNB or FTM to pay for transaction fees. Once setup you will be able to buy MADX with any token in your wallet on that network.

The DEX to use for the Binance Smart Chain would be PancakeSwap. For the Fantom network you would use SpookySwap. A transaction fee on Spooky when buying a small amount of MADX, last we looked, was less than $0.001 and on PancakeSwap it was a little over $0.20. A huge difference, but both were reasonable unless you are only buying low amounts. 

To buy MADX, the best price at the moment is on PancakeSwap. To get more info, charts and links about MADX price on BSC and Fantom go to https://madcap.exchange/.

All the best,
Madbyte Team

12
Coin Home / Re: [ANN] [MADX] MADBYTE - Invested Crypto
« on: October 01, 2022, 09:26:50 PM »
Madbyte Update - October 1, 2022

On September 15, 2022, the Merge happened on the Ethereum blockchain, removing the need for the original Proof-of-Work consensus layer and replacing it with the newer Proof-of-Stake version that had been running in parallel for almost two years. This new upgraded Ethereum requires 99.95% less energy consumption to run.

In 2021 Ethereum saw several layer-2 (separate blockchain that extends Ethereum and inherits the security guarantees of Ethereum) solutions emerge that have lowered the cost of using it. The current average transaction on layer-2 is only $0.05. It wasn’t uncommon in 2021 to see fees go over $50 per transaction on the Ethereum mainnet.

Madbyte moved onto the Ethereum network in early 2019 when fees were less than $0.02 per transaction; by 2020, the transaction fees had risen so much it had become unusable for small transactions.

Now with the Merge, layer-2 solutions and sharding coming in the future, Ethereum is looking like a great future blockchain for Madbyte [MADX] to take further advantage of.

The MADX token is on Ethereum, BSC, Fantom and Waves networks. You can find the token on several swap exchanges, such as Pancakeswap on the Binance Smart Chain and SpookySwap on Fantom. Find more info on Madbyte.com.

All the best,
Madbyte Team

13
Coin Home / Re: [ANN] [MADX] MADBYTE - Invested Crypto
« on: October 01, 2022, 09:26:23 PM »
Madbyte Update - September 1, 2022

MADX is now available on the Binance Smart Chain (BSC). The token contract with address 0x0607477E803d2e8f45E1afaF0CF0b7aE926cc3D2 can be found on bscscan.com. Add that to your BSC wallet and trade MADX on PancakeSwap.

There is already a small amount of liquidity in two pools: MADX/WBNB and MADX/BUSB. The price on PancakeSwap, as of this writing, is at approximately $0.109 per MADX, a lot higher than $0.001 on other swaps. To buy or sell MADX on the swap you will need a little bit of BNB on the BSC chain for transaction fees in your wallet, such as a Metamask or Trust wallet. To transfer MADX from another network to BSC you will need to go through our Madcapx members panel and use the Madvault to withdraw your tokens to your wallet. If you have MADX in the Madxfield game you can transfer them into your account on Madcapx and withdraw from there.

You can track the price of MADX on PancakeSwap against USD by going to: https://pancakeswap.finance/info/pool/0xac296ac58bc4b07517c7c567bf0731a24a7a90d4.

If you haven’t used DEXs (decentralized exchanges) or DeFi (decentralized finance) before this it a good chance to get your feet wet and see how easy it is.

Over the last few years the Madbyte crypto asset (coin/token) has transitioned from a Proof-of-Work minable coin similar to Bitcoin and Litecoin to a token that is dependant on other blockchains to exist. MBYT coin was swapped into the MADX token on the Ethereum blockchain in late 2019. It was added to Waves network in April 2021 and then to the Fantom network March 2022 and is now available on BSC.

All the best,
Madbyte Team

14
Coin Home / Re: [ANN] [MADX] MADBYTE - Invested Crypto
« on: August 01, 2022, 05:03:46 PM »
Madbyte Update - August 1, 2022

This past month we reached our 75th newsletter and decided to make a change to the format and location where it is published. We profiled most of the top cryptocurrencies during that time. Now, we have changed our focus to enhance the MadCapX.com website with the addition of a research section.

This move brings the newsletter away from the Substack.com website to our own platform where we will have more flexibility in our direction. To sign up for the newsletter, go to  https://madcapx.com/research/ and hit the Subscribe button. There is no cost to get the newsletter delivered to your inbox.

All the best,
Madbyte Team

15
Coin Home / Re: [ANN] [MADX] MADBYTE - Invested Crypto
« on: July 01, 2022, 10:37:02 PM »
Madbyte Update - July 1, 2022

The MADX token on SpookySwap is trading at $0.0011 USD currently. In February 2022, it hit a high of $0.0074. Solana is down 84%, Fantom is down 94%, Ethereum is down 82%, and Bitcoin is down 74%. Similar to the many other altcoins in the market, the MADX token is down 84%. It is not only the crypto market that has losses this huge; traditional markets also have many stocks down 60 to 80%. How much lower are we going is the question many have or is the market close to the bottom already?

We have been covering Bitcoin and many of the altcoins in our MadCapX research newsletter that several of you get. Next week we will be writing our 75th issue that will look back at some of the coins and tokens and how they have fared in this bear market. Going forward from there, we will be reconfiguring the newsletter and starting to cover different topics instead of just individual asset research.

All the best,
Madbyte Team

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